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WEDNESDAY 22 FEB 2017 5:15 PM
INTEREL EXPANDS INTO US WITH ACQUISITION OF AMG
Interel, the global public affairs consultancy, announced that the Washington DC based firm AMG, has joined its group. Together both companies will generate €25 million (EUR) ($27 million (USD)) in annual revenues and employ more than 200 consultants, staff and advisors.
Adding to its own offices and partner firms in over 60 countries, Interel will now benefit from a strong foothold in the United States as AMG’s infrastructure and 90 strong staff provide an instantly scalable growth platform.
“We already work with a number of the world’s leading associations and societies as well as many of the world’s best known corporate brands but the acquisition of AMG is a further significant step in the successful expansion of Interel as a global player," says Fredrik Lofthagen, Group CEO of Interred. "Besides our historic European basis, AMG gives us a strong presence in the USA, the most advanced and innovative market in our industry.”
“Joining forces with Interel is more than just a geographic or business expansion, it represents a blending of aligned cultures and shared outlooks on the global market”, says AMG’s CEO, J. Bruce Wardle, CAE. “It will be exciting to see the affirmative impact this union will have on our clients and professionals, both presently and in the future. I’m also looking forward to continuing in my role as CEO of AMG to ensure the continuity of services and solutions for those we serve.”
AMG’s clients will feel an immediate impact in the advocacy and government affairs space through Interel’s unsurpassed global network and expertise in strategically engaging government stakeholders.
Interel and AMG will continue to operate under their respective brand names and without any changes in current management for the foreseeable future.